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Your Mortgage & Savings: Bank of England’s Impossible Choice

PensionCraft 14:40

12,908 views · 380 likes Watch on YouTube ↗

Your energy bill just went up. So did petrol, and in this video I'll explain the strange link between a war in the Middle East and the question you're probably asking right now: will rates go higher, or finally start to fall? The Bank of England responded to the Strait of Hormuz closure by publishing three distinct scenarios instead of a single forecast, and in this video we borrow that framework to make up our own minds. I'll walk through what each scenario means for your mortgage and your savings, show you the three signals the MPC itself is watching, and tell you which scenario I think is most likely and what I'm doing about it.

Thank you to LightYear for sponsoring this video. Use the code PENSIONCRAFT to get between £10 and £100 in a fractional share or ETF in your General Investment Account. See full T&Cs at https://lightyear.com/pensioncraft Capital at risk. ISA rules and promotional terms apply. Past performance is not a reliable guide to future returns.

Ramin and Wander, Lightyear’s UK CEO, talk about the state of UK investing https://www.youtube.com/watch?v=W2t1HMJ-BRo

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What Else PensionCraft Offers:
💡 Book a coaching session with Ramin so he can answer your questions in a one-to-one video call via Zoom: https://pensioncraft.com/power-hour/
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📖 Understand investment in more depth with my online courses https://pensioncraft.com/courses-we-offer/
❓ Join PensionCraft on YouTube and you’ll be supporting me to make more content and I will answer your questions and respond to your comments on YouTube as a priority https://www.youtube.com/pensioncraft/join
🎧Check out our free weekly podcast "Many Happy Returns" on your podcast app of choice or at https://www.youtube.com/@ManyHappyReturnsPodcast

The Following Data Sources Help Me Create My Videos
(These links provide new users with a special offer and may also provide me with a small commission)
✔️ Stockopedia - New users get a special 25% discount on any annual plan if they use this link http://stk.pe/pensioncraft or enter our promo code 'PC25' at the checkout.
✔️ ShareScope & Sharescope Pro - special discount offers are available for PensionCraft viewers who use this link https://www.sharescope.co.uk/pensioncraftsp
✔️Bondfish provides bond market data, analytics, and broker availability. New users get a special 20% discount on the Premium plan when they use the promo code PENSIONCRAFT at https://bondfish.com/pensioncraft

Timestamps
00:00 Introduction
00:57 Why Forecasts Changed
01:37 Four Inflation Channels
03:20 Scenario A Soft Landing
05:01 Scenario B Higher Longer
08:09 Scenario C
10:33 Three Signals To Watch
12:00 Why Expectations Matter
13:20 What I Think Happens

Where Else You Can Find Me
🌐 Website - https://pensioncraft.com/
📱 Twitter - https://twitter.com/PensionCraft
👨 Facebook - https://www.facebook.com/pensioncraft/
🔗 LinkedIn - https://www.linkedin.com/company/pensioncraft

Take A Look At Some Of My Other Videos
📹 Investment For Beginners playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TcG9QNlRJ_QjI8iX_q_I8jo
📹 Investing For Retirement playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TcWFuRd51gkPyAGleZRvGcN
📹Investing With Vanguard playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TfMV4S_51E_zmbMio4UNBtM
📹 Portfolio Building Blocks playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TdRdp-hLnL5oxsaRjJZVSyn

DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.

If you need financial advice, Unbiased, the UK’s leading online directory of financial advisers, can connect you to an Independent financial advisor for free. Additionally if you use our link to register with Unbiased, your first consultation with a financial adviser is free. https://imp.i337888.net/c/4012142/1936845/11746 (This link provides you with a special offer and we will also earn a small commission)

Category (YouTube): Education

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